Mercer Capital's RIA Holiday Quiz Question Title * 1. Who was the first U.S. billionaire? Henry Ford John D. Rockefeller Andrew Carnegie Question Title * 2. The S&P topped 3,000 for the first time ever this year. In what year did the S&P first exceed 2,000? 2007 2014 2016 Question Title * 3. What was the largest RIA acquisition of the year, based on AUM? Goldman Sachs’ acquisition of United Capital Invesco’s acquisition of Oppenheimer Funds Focus Financials’ acquisition of Williams, Jones, & Associates, a New York RIA Question Title * 4. What was used to open the NYSE upon the advent of continuous trading in 1870? Xylophone Brass Bell Chinese Gong Question Title * 5. How many state registered investment advisors are registered in the U.S.? 17,543 32,113 1,766 Question Title * 6. Who was the first female stockbroker to gain a seat on the NYSE? Sisters Victoria Woodhull and Tennessee Claflin in 1870 Isabel Behham in 1939 Muriel Siebert in 1967 Question Title * 7. What is the average age of financial advisors in the wealth management industry? Under 40 Between 40 and 50 Over 50 Question Title * 8. Which index is the oldest? The Dow Jones Industrial Average S&P Composite Index The Dow Average Question Title * 9. Which state has the most registered investment advisors after New York (1,579) and California (1,526)? Illinois Texas Massachusetts Question Title * 10. How high did the overnight repurchase agreement rate spike in September after it had been trading around 2.25%? 4.0% 7.25% 8.5% Done
